Director in Grupo Aeromexico (AERO) reports holding 2,645,670 shares
Rhea-AI Filing Summary
Grupo Aeromexico, S.A.B. de C.V. director Jorge Esteve Recolons filed an initial ownership report showing he directly holds 2,645,670 common shares of the company. A footnote explains these shares are the economic equivalent of 264,567 American Depositary Shares (ADSs). The filing does not report any new buy or sell transactions; it simply establishes his existing stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Recolons Jorge Esteve
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common shares, without nominal value | -- | -- | -- |
Holdings After Transaction:
Common shares, without nominal value — 2,645,670 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock held by the reporting person, which are the economic equivalent of 264,567 American Depositary Shares (ADSs).
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 filing by Jorge Esteve Recolons for Grupo Aeromexico (AERO) show?
The Form 3 shows director Jorge Esteve Recolons’ existing stake in Grupo Aeromexico. He directly holds 2,645,670 common shares, establishing his baseline ownership as an insider without disclosing any recent purchase or sale activity.
How many ADSs are represented by Jorge Esteve Recolons’ Grupo Aeromexico holdings?
His 2,645,670 common shares are described as the economic equivalent of 264,567 American Depositary Shares (ADSs). This relationship is explained in a footnote, helping investors relate local shares to ADS units traded in international markets.
Does the Grupo Aeromexico (AERO) Form 3 disclose any recent insider buying or selling?
The Form 3 does not disclose recent buying or selling. It records a holding entry showing 2,645,670 common shares after the reported position, serving as an initial statement of beneficial ownership for the director.
Is Jorge Esteve Recolons’ Grupo Aeromexico ownership direct or indirect?
The filing classifies his 2,645,670 common shares as direct ownership. The ownership code is reported as “D”, and there is no indication in the footnotes that another entity holds voting or investment authority over these shares.